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Reload this Page McSame uses Reagan as role model on deficit reduction.
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Old 04-10-2008, 01:32 PM   #1 (permalink)
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McSame uses Reagan as role model on deficit reduction.
HELLLLLOOOOOO!!!

A Westport Conn voter asked McCain how he plans to balance the federal budget.

Quote:
“I don’t believe in a static economy,” Mr. McCain said. “I believe that when there’s stimulus for growth, when there’s opportunity, when people keep more of their money — and the government is the least efficient way to spend your money — that economies improve.”

“When Ronald Reagan came to office,” he said, noting that few in the audience were old enough to remember, “we had 10 percent unemployment, 20 percent interest rates, and 10 percent inflation, if I’ve got those numbers right. That was when Ronald Reagan came to office in 1980. And so what did we do? We didn’t raise taxes, and we didn’t cut entitlements. What we did was we cut taxes and we put in governmental reductions in regulations, stimulus to the economy….”
News flash for you... the deficit tripled under Reagan. He tripled the debt (from .91 to 2.6 trillion), because his deficits were huge.

Reagan did raise taxes, several times, to prevent his budget deficits from spiraling out of control.

McCain's already reniged on his "no-new-taxes pledge" he said on national television a few weeks ago saying now he may not have meant it.

John McSame is using Ronald Reagan the way Giuliani used 9/11.

It sounds better than “I haven’t the vaguest idea how to reduce deficits.”
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Old 04-10-2008, 01:39 PM   #2 (permalink)
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Isn't that the same model that sent all the lower income people out of their houses and on to the streets?

I am disliking him more and more each day.
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Old 04-10-2008, 02:19 PM   #3 (permalink)
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Isn't that the same model that sent all the lower income people out of their houses and on to the streets?

I am disliking him more and more each day.
Why yes it is. A whole new class of poverty was ushered in by "Let them eat kethup and relish for lunch" Reagan.
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Old 04-10-2008, 04:14 PM   #4 (permalink)
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I don't know how old this crowd is but I remember Regan and what a disappointment he turned out to be.

Anyone remember "black Tuesday?" lol


I wouldn't trust anyone who quotes him...
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Old 04-10-2008, 04:22 PM   #5 (permalink)
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Originally Posted by Curator View Post
News flash for you... the deficit tripled under Reagan. He tripled the debt (from .91 to 2.6 trillion), because his deficits were huge.
Reagan proved that deficits don't matter.
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Old 04-10-2008, 04:30 PM   #6 (permalink)
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Reagan proved that deficits don't matter.

Spoken like a true Limbaugh/Hannity robot.
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Old 04-10-2008, 05:41 PM   #7 (permalink)
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Originally Posted by mudwhistle View Post
Reagan proved that deficits don't matter.
Care to explain to me exactly how deficits don't matter? Take a good long look at the percent of our budget that is used just to pay off the interest on our debt. Now imagine what we could do with the money we are just paying in interest to foreign governments.
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Old 04-10-2008, 07:17 PM   #8 (permalink)
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Reagan proved that deficits don't matter.
reagan is the third worst, (in every conceivable way) president we have had. After the retard and his daddy.
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Old 04-10-2008, 07:18 PM   #9 (permalink)
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Reagan proved that deficits don't matter.
Great!..Max out all your credit cards folks!
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Old 04-10-2008, 07:27 PM   #10 (permalink)
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Great!..Max out all your credit cards folks!
No no no, you misunderstand mr. greenspan here. You have to have fiscal responsiblity, it's the gov't that doesn't have to have any.
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